I feel that by getting rich in the way I did, I think my own example has hurt my own country.
Charlie MungerCommon stock investors can make money by predicting the outcomes of practice evolution. You can't derive this by fundamental analysis - you must think biologically.
Charlie MungerI think track records are very important. If you start early trying to have a perfect one in some simple thing like honesty, you're well on your way to success in this world.
Charlie MungerMost people are too fretful, they worry to much. Success means being very patient, but aggressive when it's time.
Charlie MungerEvery business tries to turn this year's success into next year's greater success. It's hard for me to see why Microsoft is sinful to do this. If it's a sin, then I hope all of Berkshire Hathaway's subsidiaries are sinners. Someone whose salary is paid by U.S.taxpayers is happy to dramatically weaken the one place where we're winning big?!
Charlie Munger